Top 10 Marine Transportation Companies in World

Transportation is a necessity, and the economic aspect of the world is heavily dependent on it. The trade sector involves Marine transportation for the moving of over 10 billion tonnes of containers, and solid and liquid bulk cargo across the world's oceans annually. It wouldn't be wrong to say that marine transport is carrying international trade and the economy on its shoulders for a long time.

Marine transportation is considered the most important option for Global trade as billion of tons of containers are moving across the seas every year. Marine transportation is preferred for many reasons. One of the most significant ones is the transportation through it is cost-effective. Transportation companies around the world understand that as it is cost-effective and heavy items can be carried anywhere with their help of them, the dependency of trade is heavy on this sector as well. In this article, we will talk about the top marine transportation company in the world. So let's get started.

APM-Maersk
Mediterranean Shipping Company
China Ocean Shipping Company
CMA-CGM
Hapag-Lloyd
Ocean Network Express
Evergreen Line
Yang Ming Marine Transport
Hyundai Merchant Marine
Pacific International Line

APM-Maersk

Founder - Arnold Peter Moller and Peter Maersk Moller

Founded - 1904

APM Terminals operates one of the world's most wide-ranging ports. Since 1996 Maersk has been the largest container ship and has been supply trader in the world. One can find it in over 130 countries. The corporation situated in Denmark Terminals is continuously focussing on serving the serving shipping lines as well as the landside customers in the growth of their businesses. They continuously work on making their supply chain quick and efficient.

Mediterranean Shipping Company

Founder - Gianluigi Aponte

Founded - 1970

Mediterranean Shipping Company (MSC), the world's second-largest shipping line, started its journey in 1970. Mediterranean Shipping Company S.A. is a Swiss-Italian international shipping line. Mediterranean Shipping Company is said to offer its service globally and is considered one of the top leading companies in global container shipping. As of now, the Mediterranean Shipping Company has 664 container ships under its control.

China Ocean Shipping Company

Founder - Government of China

Founded - 1961

China Ocean Shipping Company (COSCO) is a Chinese state-owned company and its headquarters is situated in Shanghai. The company is the result of the merger of COSCO Group and China Shipping Group. COSCO Shipping Logistics' main aim is to serve and make shipping goods convenient for their customers. The company is serving worldwide with its service and it operates over 362 international and domestic shipping routes and has over 1349 vessels for use.

CMA-CGM

Founder - Jacques Saade

Founded - 1978

CMA CGM S.A. is a freight and shipping company. it is also said to be the third-largest shipping company in the world. CMA CGM is present in 160 countries and serving the people of more than 420 ports for a long time. The headquarters of the company is situated in Marseille, France. The Company not only offers container transportation but also deals with different logistics companies, cargo cruises, and other transportation services.

Hapag-Lloyd

Founder - Albert Ballin

Founded - 1970

This German shipping and container transportation company is considered as the 5th largest container carrier in the world depending on its vessel capacity. It is currently the world's fifth-largest container carrier in terms of vessel capacity. Hapag-Lloyed with its technology provides you with a tracking facility where you can trace your containers and their movements. The company is known for shipping dangerous and sensitive goods and has specialised in cargo projects.

Ocean Network Express

Founder - Nippon Yusen, Mitsui O.S.K Lines and K Line

Founded - 2017

Ocean Network Express (ONE) is a container shipping company whose headquarters is situated in Singapore. Ocean Network Express is serving over 100 countries Ocean Network Express is said to be the 7th largest in the world with its fleet size and serving over 120 countries. Ocean Network works hard to improve its tracking service so that its customers can easily track the movements of their shipments and manage them without any problem.

Evergreen Line

Founder - Chanf Yung-fa

Founded - 1968

Evergreen Line is a shipping and Container transportation company and its headquarters is situated in Luzhu District, Taiwan. Evergreen has over 150 container ships that are served worldwide in about 80 countries and are considered the fifth-largest marine shipping company. Apart from marine transportation the company's activities also include management of ports, construction of ships, engineering and real estate development.

Yang Ming Marine Transport

Founder - Lee Hong-Chung

Founded - 1972

Yang Ming Marine Transport Corporation is a company that deals with shipping containers and whose headquarters are situated in Taiwan. Apart from shipping containers the company also provides the service of passenger transportation, it mainly deals with cargo ships both domestic and international. Trading of ships, manufacturing, and giving them for lease are also included in this business. Yang Ming works with over 93 vessels and has over 101 container ships.

Hyundai Merchant Marine

Founded - 1976

Hyundai Merchant Marine (HMM), the container transportation and shipping company is said to be the world's largest container line as per its vessel capacity. The South Korean company has been the number one container carrier for the country and the larger portion of the exports of South Korea is dealt by HMM. it is also one of the top logistics companies in the world and its targeted market is worldwide. Most of the time, HMM transports products like crude oil, iron, coal and other import and export products.

Pacific International Line

Founder - Chang Yun Ghung

Founded - 1967

Pacific International Lines (PIL) is a shipping company whose headquarters is situated in Singapore. PIL has over 18000 employees and the company is serving over 100 countries and have 500 ports under its control. The company mainly deals with third-party logistics services and it has a fleet of 156 vessels that are used by its customers to carry different types of goods.

Conclusion

Marine transportation holds great importance globally. It creates a big impact on a country's economy as well. These top marine transportation companies play a big role in transporting goods to different places. The import and export sector complete depends on marine transportation. The world is a global village, with time marine transportation has become one of the most important sectors and it will only grow in future as well.

FAQs

Why Marine Transportation is important?

Marine Transportation is important because it plays a big role in the global economy, 80% of worldwide trades depend on it.

Who founded Pacific International Lines?

Pacific International Lines was founded by Chang Yun Ghung in 1967.

Who founded Hapag-Lloyd?

Albert Balling founded Hapag- Lloyd in 1970.